Industrial And Commercial Bank Of China Ltd Class A
601398: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
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| x.> | LOCK|Ys>F% | LOCK|<S^svYG |
Industrial And Commercial Bank Of China Sees Resilient Corporate Loan Demands
Business Strategy and Outlook
Industrial and Commercial Bank of China is China's largest bank. It has a long-established reputation for mass-market retail banking and enjoys low funding costs in the industry. We believe its strong deposit base and lower-than-peer deposit costs will continue to support stable funding and loan growth in the future.
